Sustainable innovation

Sustainable innovation is a process whereby sustainability considerations (environmental, social and economic) are integrated into all company processes from idea generation through to research and development (R&D) and commercialization. It can be applied to products, services and technologies, as well as new business and organization models (Charter, 2007). Sustainable innovation is a new and evolving area that also relates to eco-innovation, which is any form of innovation that makes significant and proven progress towards the goal of sustainable development, by reducing impacts on the environment or by achieving a more efficient and responsible use of natural resources, including energy (Competitiveness and Innovation Framework, 2007 to 2013). 

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